JAKARTA Oct 4 Indonesia is still considering
whether to resume nickel ore exports, the mining minister said
on Tuesday, amid broader discussions of the country's mining
"It is still being discussed whether nickel (ore) can be
exported or not," Mining Minister Luhut Pandjaitain told
reporters, referring to rules on nickel ore with 1.8 percent
metal content. The government expects to reach a decision on the
rules within weeks, he said.
Indonesia banned exports of unprocessed nickel ore in 2014.
Nickel smelter investors have said that they fear a reversal of
the export ban would undermine prices of the metal and
put at risk up to $12 billion in investments.
(Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editing
by Tom Hogue)